business development 35 Alongside information and advice, membership of the Chamber provides access to many tangible benefits including a free legal helpline and legal expenses insurance cover, discounts on vehicle fleet cover, health insurance and telephone bills. Shearway Business Park Micro-businesses in Shepway and the surrounding area have been receiving a helping hand developing and growing their companies thanks to an innovative incubation service provided by Channel Chamber of Commerce at Shearway Business Park. The starter-office ‘incubation’ package allows micro businesses to rent low-cost, fully-equipped workspaces with an easy-in easyout licence agreement. Based at the Shepway Business Centre on the Shearway Business Park – (adjacent to the M20 junction 13 and 10 minutes from the Eurotunnel terminal), business and ICT support services can also be accessed from the Chamber’s in-house team. In 2006 Channel Chamber were one of the few private sector organisations in the South East to obtain support from The Business Incubation Development (BID) Fund which provides long term support for start up or early stage businesses in some of the UK’s most deprived areas. Peter Hobbs Chief Executive of Channel Chamber of Commerce said: “New businesses are vital for our local economy and the BID Fund is a fantastic opportunity for supporting entrepreneurs who are operating from home but want to move into a more commercial environment.” UK Business Incubation (UKBI) UKBI is the UK’s principal and successful authority on incubation, incubation development and good practice since 1999. It has helped the UK government and regional development agencies to build a thriving business incubation infrastructure that will make increasingly significant contributions to local, regional and national economic growth. Established for over 100 years, Channel Chamber is an independent, non-profit making and nonparty political organisation, funded principally by its members and monitored nationally to ensure that it delivers only the very highest level of service and performance. For more information, contact Channel Chamber of Commerce Shepway Business Centre Shearway Business Park, Shearway Road, Folkestone, Kent CT19 4RH Contact: Tel: 01303 270022 Email: info@channelchamber.co.uk www.channelchamber.co.uk UKBI http://www.ukbi.co.uk/ Channel Chamber of Commerce Channel Chamber of Commerce provides a range of quality services, networking and business events, advice, information and practical help for new w and established businesses. Business Incubation Wild for Flowers, The Old High Street, Folkestone Hythe High Street